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Federated Hermes allies with Conduit Digital to launch tokenized money market fund distribution in APAC
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Federated Hermes allies with Conduit Digital to launch tokenized money market fund distribution in APAC
  • Federated Hermes formed a strategic alliance with Singapore-based Conduit Digital Holdings to launch a regulated tokenized money market distribution structure in APAC.
  • A Conduit-managed fund will invest in the Federated Hermes Short-Term U.S. Prime Fund, then tokenize its own shares for institutional clients.
  • Offering targets institutional and wholesale investors across APAC, using Conduit’s MAS-regulated tokenization and regional distribution capabilities.
  • Move extends the firm’s digital assets push, following earlier tokenized access work with Archax and other regulated tokenization initiatives.
  • Federated Hermes reported USD 676.9 billion in money market assets under management as of June 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federated Hermes Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609011622PR_NEWS_USPR_____NE38533) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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